Go to the other message board and post the question. This one is dead.
Thanks. I remembered my question on A/S. If this makes sense, When would a company do a Reverse Split or Raise the A/S ? Would they do one over the other and how high can they raise the A/S ?
Just to let everyone know. . .the "Raising Capital" information is now posted on the "Read Stocks" thread:
Yes. You can short against preferred shares. . .a bond, or any other type of security. You can also "naked short" since the Feds have never taken control of that issue.
An A/S doesn't mean much of anything to anyone on this board and I'm not going to define what I believe it might pertain to since most people have the wrong concept of abbreviations in the first place. Spell out the question and you will get an answer.
Yes. Sorry . . .I just got back from a bit of a time off from this sport. Anyway, if you still have the question let me know.
nice day... added 5k at .005 this am...
link back for chart
have a great weekend
I won't be getting tired. LOL. Anyway, all my boards are being shut down until further notice. Those who have my email can contact me via email for my T-Picks, etc.
looks like someone got tired of waiting today... wasn't me...
link back for the chart
looks like someone got tired of waiting today... wasn't me...
thx mark, all good stuff to know... i've been watching this one for a while myself, and have bought a few at .01 and looking forward on hearing more from the company in the rear future... glt/us
The company has relatively low volume. The service they will be providing should benefit many. They did private placements at six cents a share over a year ago. Now we'll just have to keep a close eye on them.
There are many ways young companies can raise capital. Most of them are included in the iBox located on this thread. Sometimes a "convertible bond" is a good option since that helps the company with short term capital needs and minimizes their "cost for capital." Those who purchase the bond are guaranteed a specified rate of interest. Then, they can hold the bond or convert the bond into shares after a specified holding period.
Another way a company can raise capital is to do a private placement and have a limited number of shareholders who incur all the risk of the chance for risk of their shares who are usually provided with restricted stock. It all depends on how a company wants to get themselves set up.
Again, it all depends on how a company wishes to move forward and the risk they are willing to take with their investors. The "cost for capital" had better pay off or they can go to zero in a hurry.
We'll find more in the near future. And as I said, I do own shares in EPFL at a significantly higher price than the stock is trading for at the present time. But that's the risk we take when we get involved with private placements.
This thread, as well as the Real Stocks thread, will remain for educational purposes. Any questions or comments please feel free to post.
EPFL a move to the OTC would/will be great, glad to hear that;')
Are you still around? Change your "call sign" and perhaps we can discuss some issues on a couple of projects.
Mark, feel free to forward this link to anyone you know who is considering going public with their operations. We will continue to post some good links to help them figure out how to raise capital for their venture.
Hi Mark, We'll have a couple. One we will be watching that I already own shares in is Epic Financial's Wealthbuilder program. EPFL trades on the pink sheets right now, and they intend on trading on the OTC BB sometime in the near future.
Glad to have you over here, as well.
Raising Start-Up Capital
Let's face it. Starting a business is tough. You have to build a client base, hire employees, find office space. There are plenty of challenges, but the one that many entrepreneurs find most daunting is raising start-up capital.
Gone are the days of pitching investors with hot new technology ideas. Today, entrepreneurs are much more likely to dive into their own pockets and hunker down for a battle to start up and stay alive. But if you don't have the cash in your wallet, what do you do? Luckily, there are still options for funding new companies, but finding and securing the cash will take careful research, good negotiating skills, and, above all, an unflagging commitment to launching your new business.
Start your capital search with a good business plan that shows investors and lenders your company's potential. Follow that up with a thorough knowledge of the resources available and a determination to make your business a reality, and you should be on your way to uncovering a source that fits your new business's cash needs.
Survey the Field
Where Do You Go?
Small-business expert and former Inc writer Tom Ehrenfeld discusses the various financing options entrepreneurs have in this excerpt from his book, The Startup Garden.
20 Tips for Finding Money Now
Small-business finance expert and former Inc finance editor Jill Andresky Fraser explores 20 ways for financing a business in this 1999 article. Some represent ways to finance new start-ups, while others help established businesses find working capital.
How to Finance Anything
Though funding isn't as easy to secure as Jill Andresky Fraser mentions in this 1998 Inc classic, the article does offer an overview of some resources that entrepreneurs frequently pursue, including private-equity investors, banks, venture capitalists, and non-banks. Don't miss the common pitfalls to avoid when seeking capital.
Bootstrap Your New Business
Can you start a business with little or no money? According to these successful entrepreneurs, you can.
Start with Nothing
Greg Gianforte thinks he knows the single best way to launch a business. Here's his secret: "Bootstrap it."
The Pita Principle
Just how low can you go when bootstrapping your start-up? The founders of Stacy's Pita Chip Co. can tell you.
Great Companies Started for $1,000 or Less
Profiles of seven entrepreneurs who transformed start-up capital of $1,000 or less into companies with revenues of $1 million or more.
Inspiration from the Inc 500
Starting businesses with little or close to no money at all seems to be the norm for many recent Inc. 500 companies.
The Numbers Game
According to the class of 2002, you don't need a whole lot of money to start a business. Many of the 2002 CEOs launched their businesses with $10,000 or less. And more than a third of those bootstrappers started with less than $1,000.
A Little Goes a Long Way
When it comes to the 2002 Inc 500, start-up capital is not the leading predictor of success.
No cash? No customers? That didn't stop the founders of these 2000 Inc 500 winners.
Tapping Family and Friends
Tapping personal ties to raise cash for a company that's either too new or too small to get financing elsewhere is an age-old formula that still makes sense. But here's one risk too big to ignore in today's highly competitive capital marketplace: if you don't follow professional standards in structuring and documenting "F&F" loans or equity arrangements, your sloppiness will likely come back to haunt you.
That's because if and when your company grows to the point at which it can credibly approach banks or professional investors for funds, their lawyers will examine your corporate capitalization structure with a fine-tooth comb.
(Excerpted from "20 Tips for Finding Money Now," Inc. magazine, March 1999)
Hitting up family and friends is the most common way to finance a start-up. It's also the riskiest.
Borrowing: Avoiding Problems with Family and Friends
When entrepreneurs borrow start-up capital from family members or friends, it's best to prepare for the worst -- before it happens.
Borrowing Money for Your Business
Whether you borrow money from a bank or someone you know, you should sign a promissory note--a legally binding contract in which you promise to repay the money.
Three Steps to Borrowing from Family or Friends
Keeping the relationship professional is the key to successful borrowing from close acquaintances.
Try Bank Borrowing
Bank financing isn't impossible. Use this advice to increase your chances of securing a bank loan.
Help lenders understand your industry to improve your chances of securing a loan.
Small Business Lenders Want to Hear the Good and the Bad
Whether your business is struggling, or making money hand over fist, it's important that both situations be communicated to a lender.
Answering the Tough Questions
A bank will scrutinize your past business performance. Are you prepared to answer the tough questions when your banker asks them?
Historical Finance and Its Relevance to the Lending Process
Why lenders focus on it and what you need to be prepared to discuss.
A Borrower Be
Tough economies and easy credit usually don't mix. So why are banks falling all over themselves to lend small businesses money?
Who Needs a Bank Anyway?
Nontraditional lenders are emerging as a real alternative to bank financing for growth companies.
The VC on the Corner
Think the most you can expect from a bank is a line of credit? You might be missing out on the emergence of banks' private-equity arms.
The Few, the Proud, the Bankable
Can you get a bank loan from the get-go? It's tricky, but these entrepreneurs did it. Here are their tips for securing a line of credit for your start-up.
Understanding Loan Covenants
Getting a bank loan? Take these simple steps to make sure you understand the fine print -- before you sign a loan agreement.
When Bad Loans Happen to Good Entrepreneurs
Accepting a loan from the most respectable source of business financing -- a commercial bank -- is a mistake for some entrepreneurs.
The Lowdown on Business Loans
If you're seeking a loan for your business, make sure you understand the basics.
Getting into the Mind of a Lender
When trying to get a loan, it helps to view things from the lender's perspective.
Look into Government Programs
Some entrepreneurs say government programs are easy to secure financing from; others say steer clear of them. Regardless of the opinions, if you're serious about your capital search, you shouldn't overlook government programs and the U.S. Small Business Administration (SBA).
The SBA All-Stars
A look at the Small Business Administration's rankings of the best field offices turns up some surprises. The agency's western outposts tend to outperform their East Coast peers. Though the rankings are based on a number of factors, the chart below follows the money, listing offices' key lending statistics.
Seed Capital for Farm Communities
Financing for rural businesses.
Seed Capital From Uncle Sam
Where can you find cash in a credit crunch? OLI Systems Inc., a New Jersey software company, looked to the government's National Institute of Standards and Technology for funding.
Find an Angel
Angel investors will not only share their money; they're also great sources of knowledge for fledgling businesses
Earning Your Wings
Angel investors are getting tougher. To land seed money, you should, too.
Angels in America
Here are some profiles of a select group of angel investors, including links to their websites.
SLIDESHOW: Angels with Angles
Here are a number of high profile angel investors and what they consider to be good investments.
Angels with Angles
Angel investors are changing. Here's what they're looking for, how they operate, and (because the devil is in the exit strategy) what they expect for their money
Who exactly are angel investors?
Guy Kawasaki defines angel investors, and when and how an entrepreneur should seek them out.
What does it take to impress an angel investor?
Rhonda Abrams shares her views on the kinds of businesses that attract angel investors.
Seven Steps to Heaven
Funding for entrepreneurial businesses has completely dried up, right? Wrong. Angel investors -- long a tried-and-true source of capital for young businesses -- have not hung up their wings.
Angel Financing: Dos and Don'ts for Entrepreneurs
Any entrepreneur who hopes to raise capital from individual investors, so-called "angels," should be prepared with a presentation, business plan, list of potential angels, and outline of the opportunity his or her new venture affords.
Local Area Network
By opting to keep her high-tech start-up, Thermagon Inc., in Cleveland, founder Carol Latham was able to leverage her local ties to build a sophisticated network of investors and employees.
Making Friends: The Name of the Angel Game
Looking for individual investors, known as "angels," to finance your company? Then heed the adage, "It's not what you know but whom you know."
Directory of Angel-Investor Networks
Need help getting started in your search for angel funding? Here's a directory of angel networks in the United States, broken down by geographical area.
Banks and investors aren't the only ways to fund a business. Check out these unconventional resources that some business owners have used.
Getting Money for Good Ideas
Business-plan competitions tend to draw cutthroat b-school students. But entrepreneurs with lofty social goals are also increasingly entering the fray--and winning.
How to Win Big and Get Ahead Fast
Once academic exercises for eggheads, college business-plan contests now offer competitors the chance to win sizeable chunks of cash and launch a business. No surprise: Entrepreneurs have begun to horn in on the action.
Use your first customer to help fund your new business.
Financing Your Business: A Case for Using Some of Your IRA, SEP, or 401(k)
Tap into your retirement kitty to fund your business venture.
Seed Capital: The 12-Step Program
The secret to funding a start-up, one owner learned, is to tap every capital source you can.
From Steak Holders to Stakeholders
The story of how an entrepreneur turned to his community to raise funds to open a supermarket.
Use Credit Cards
Plastic can jump-start any business, but use it wisely.
Half of all start-ups are financed with credit cards. But be careful: Sky-high interest could bury you for years.
Credit Where Credit Is Due: Using Plastic to Finance Your Start-Up
Financing your business on credit cards may save time and allow you to keep business expenses separate from personal ones. But without careful management, credit cards can quickly put your start-up on the sidelines.
Committing Your Nickel
Starting a business usually involves committing personal finances. To fund the business and keep a roof over one's head, the entrepreneur must maximize assets, minimize expenses, and use credit judiciously.
House of Cards
Ten tips for keeping your credit in check.
We're still here and watching. Hopefully the ibox is helping some of you with your "capital raising" needs. Nobody is going to do it 100% for you. Make sure you know what you want capital for and you can show interest in your idea/concept. Obviously you will need to show a "need" for your idea and concept.
Rock on. I have one company that has gone through all the rigors of making errors, and getting things right. They are focused on "debt management" and it appears they have a good group in place. They are trying to find investors in their idea/concept. If you know me, let me know if you're interested.
The 6 Biggest Mistakes in Raising Startup Capital
By BRAD SUGARS
Posted: 2007-10-04 13:31:30
Avoid these traps to increase your chances of securing funding and keeping investors happy.
In the movie Little Fish, a video store manager played by Cate Blanchett applies for a bank loan to buy the business and expand into online gaming. When her application is rejected, Blanchett hurls a framed photo of the loan officer's child across the room in fury. Anyone who's suffered a similar setback knows the feeling.
The business landscape is littered with would-be entrepreneurs who've stumbled in their search for startup capital. Many requests are denied. Those who pass the test frequently have unacceptable strings attached. Some deals that close come back to bite the business owner in the form of onerous debt, insufficient revenue share or worse.
Part of the problem lies in the nature of the startup endeavor. Freshly minted entrepreneurs are typically major risks for lenders because they lack business experience, collateral to secure the loan or both. Neither family, friends, banks, venture capital firms nor angel investors are interested in losing their investment. You can't blame them for not wanting to take a risk on a venture without a reasonable probability of return.
On the other hand, many financing efforts fail because of avoidable mistakes that are made in pitching potential lenders, structuring the agreement or managing the money once the deal is done.
Steering clear of these missteps can increase your chances of success, both in obtaining startup funds and keeping the money flowing. Be sure to avoid these blunders:
1. Half-Baked Business Plans
There's nothing worse than going into a money meeting unprepared. If you haven't put the time and energy into writing a full-blown business plan complete with elements, such as a cogent business description, financial projections and a competitive market analysis, the people with the cash won't put the time into evaluating your proposal.
The SBA is a good source for learning how to write a business plan as well as sample formats.
2. Focusing Too Much on the Idea and Too Little on the Management
It's not enough to convince potential backers that you've invented the next must-have gadget or can't-miss clothing store concept. You also need a team that can generate the revenues to repay a bank loan or provide an exit strategy for a VC or angel investor. Many business novices ignore the second part of the equation; that can doom their money quest.
The greatest racehorse in the world still needs a great jockey to a win a race. The same principle applies in business. Showing that you have recruited a top-notch salesperson, a skilled marketer, an accountant with startup experience, other key personnel, and even outside experts like an attorney or business coach who can supply professional guidance is essential to finding a funding source.
3. Not Asking for Enough MoneyIn a 2004 U.S. Bank study of reasons for small business failures, 79 percent cited "starting out with too little money" as one of the causes of their collapse. That's often because entrepreneurs who are wet behind the ears don't realize that they should calculate their borrowing needs based on their worst-case scenario instead of their best-case forecast.
An old accounting axiom says that everything will take twice as long and cost twice as much as you expect. While that may be an exaggeration, new business owners are frequently too optimistic about how soon they will begin to fill their cash pipeline and how fast the money will flow. If you're underfunded, you won't have a cushion to tide you over in the event of slow initial sales or unexpected market conditions.
4. Having Too Many Lenders or Investors One of the hazards of securing financing from multiple sources is managing too many relationships and expectations. It takes time away from your core business. These not-so-silent partners may have conflicting interests or demands and the consequences can be devastating.
This is particularly true when you raise money from friends and family. One hairdresser I know borrowed money from seven or eight relatives to open her own salon. The business was successful, but there were perpetual battles over how the profits should be distributed. The arguments couldn't be settled to everyone's satisfaction, so the salon was forced to close.
5. Failing to Get the Proper Legal Agreements This is arguably more important than a prenuptial agreement for a couple with significant individual assets. Every lender or investor eventually will need his money back, and a legal document covering everything from the terms to the timing can avoid the kind of acrimony just described.
6. Poor Cash Flow Management Too many new business owners burn through their seed money too quickly and fail to reach cash flow-positive status in a timely manner. Some causal factors, such as late product deliveries and economic downturns may be beyond one's control, but the executive team is clearly at fault for others, such as unnecessary spending and overly optimistic expense/income forecasts. Financial sponsors don't take kindly to that sort of mismanagement. And if they turn off the tap, all of your hard work may go down the drain.
There are other pitfalls to avoid, but the bottom line is this: Play by the lenders' rules to get them to open their checkbook, but protect yourself at the same time. There's no point in launching a business that will eventually sink under the weight of your investors' demands. If your business plan is good enough and you approach the right people, you should be able to whistle all the way to the bank.
The environment for raising capital will be getting tougher. However, for good companies in the right industries, there will be plenty of cash on the sidelines due to the latest (and significant) pullback in the broader markets. Support has pretty much fallen through the ground on the S&P and DJIA. This year is going to be hell for those who haven't prepared.
Anyway. . .here we go for those rolling into 08'.
That's interesting information, Charlatan. Very beneficial.
Post your "Angel Eyes" concept on this thread so others can see what you have going. There are plenty of lurkers watching. Some of which, may heed you a crowned jewel.
Interesting board.. I write PPM's and consult Companies on going public. I can tell you that the majority of firms out there charge over $75K-$120K to take a Company public. The true costs break down like this for a typical start-up..
1. Private Placement (Reg D 504) $1,500
2. Create shareholder base $5,000
3. POACB audit $2,000-$4,000
4. Transfer Agent $1,500-$2,500
5. Prepare template SB-2 $2,500-$5,000
6. Legal opinion letter $2,000
7. S&P Corporate Manual listing $6,000
8. Market maker (form 211) free-??
A typical single owner start-up using a pre-defined process can go public for about $20,500 or more. Most consultants make about $50K or more taking a company public. I prefer to charge the client less and take more equity.
Raising capital however is another story. The business has to be interesting to get decent financing. If not.. Cornell Capital and NIR group always have PIPE's they will sell you!
Will keep information coming, as time permits. However, I think most of you have figured out "raising capital" means you actually have to go out and find the type of capital you wish to raise. If you have a real company, it's not really that difficult to raise capital. If you are not registered to receive capital then the chances are good the only means you will have to attain capital is through many term, "sweat equity" or "love money." Both of which should hold your organization accountable to actually deliver on stated goals and objectives.
Okay. . .just drop a line, any time . . .when you have an idea or concept that can actually benefit others. I would love to hear about them.
Nov 16, 2007
Did you know that warrants have been in existence for many decades but very few investors know about them? Why? Unfortunately, very few of the professional newsletter writers and analysts understand them so they do not write about them. Are warrants that difficult to understand? Of course not; it's just that one needs to take some time to learn and understand this incredible investment vehicle.
Have you ever participated in a private placement of shares in your favorite mining company? If you, so probably received some warrants in this private placement and a good chance you did not even understand what you received.
To put this discussion in perspective, I would like to offer a quote from the past,
"...Common stock warrants turn in the most spectacular performance of any group of securities....the speculative potentialities of common stock warrants are enormous....
With potential profits and potential losses so great it is a source of wonder that so little understanding of the nature of common stock warrants exists not only among the investing 'public', who might be forgiven this sin, but even among the many 'professionals' of the business upon whom the 'public' depends for information and guidance."
By Sidney Fried, 'The Speculative Merits of Common Stock Warrants', 1949.
Did you get that? 1949. As stated in the above opening paragraph, the public and professionals of today are, for the most part, not aware of the enormous profit potential of warrants and thus absolutely nothing has changed since Sidney Fried's comments in 1949.
In the 1960's and 1970's Sidney Fried had a service called, 'The RHM Warrant Survey' to which many investors subscribed and which was available only in hard copy. To the best of our knowledge, this service stopped in the late '70's or early 80's and very little information has been available since to investors, until recently.
So let me give you a brief introduction to warrants.
A warrant is a security (like an option) giving the holder the right, but not the obligation, to purchase the underlying stock at a specific price, within a specified time period. Sounds very much like a call option or LEAP.
Actually warrants are issued by a company usually in connection with a private placement or a financing arrangement and many of the warrants issued will remain privately held and will never trade in the open marketplace.
Fortunately, there are many warrants that trade on the Toronto Exchange and a few in the United States on the NYSE and the AMEX and many others are traded in the U.S. OTC market with assigned symbols. As an individual investor, your objective, in my opinion, should be to trade the warrant, without an intention to exercise the warrant.
Currently there are many warrants trading with expiration dates out to the year 2012 (one out to 2017) and though warrants expiring within, say, 2 years, may possess great upside leverage and potential for gains, they also pose a greater risk. Therefore, I suggest that investors focus their attention on those warrants which have a remaining life of at least 2 years before the expiration.
So, why the interest in warrants? The owner of the warrant receives none of the benefits of ownership of the common stock of a company. He cannot vote, and he does not receive any cash dividends. Therefore, why would an investor want to buy an option (warrant) to buy something instead of buying the thing itself?
The essence of the answer is that the anticipated gain on the warrant must be greater than the anticipated gain on the common stock. Leverage, or at least potential leverage, is the prime reason an investor would be interested in warrants. This more rapid growth in the value of the warrant relative to the common stock is called leverage. Without this possibly of such leverage the investor would buy the common stock.
As with any investment you must decide how much of your portfolio to allocate to different sectors, different shares, ETFs, mutual funds, gold bullion, etc.
Even though I personally view 'long-term warrants' as investments (as opposed to speculation), I find an allocation of 10% to 20% maximum of your portfolio is a reasonable allocation of your total dollars to this investment vehicle.
To summarize, an investor may wish to purchase a warrant which is the option (the right) to purchase the common stock of a company. He may prefer to purchase the warrant instead of the common stock because the warrant offers more potential gain, that is, the warrant offers the investor leverage. Using a portfolio allocation of 10%-20% and buying long-term warrants on some of your favorite mining shares, you are now in the position to capture some incredible potential gains in this bull market in the natural resource and commodity sector.
For those investors seeking more knowledge on warrants do visit our Learning Center at Precious Metals Warrants, where you will find much more information and examples to enhance your learning experience.
You may also sign up for The Warrant Report free weekly email.
And for those readers in the San Francisco area, Precious Metals Warrants will be providing a master workshop at the Hard Assets Investment Conference (November 18th & 19th). Our workshop is on the 19th at 7:30-8:00am. Please check the conference schedule for more details.
Nov 14, 2007
Dudley Baker is the owner/editor of Precious Metals Warrants, a market data service which provides you with the details on all mining & energy companies with warrants trading on the U.S. and Canadian Exchanges. As new warrants are listed for trading they alert you via an e-mail blast. You are provided with links to the companies' websites, links to quotes and charts, tips for placing orders and much, much more. Precious Metals Warrants do not make any specific recommendations in their service. They do the work for you and provide you with the knowledge, trading tips and the confidence in placing your orders.
We're still here, folks. I'm going to let you know one thing right now, after working with musicians all the way up the scale to Hall of Fame Inductees and individuals who are Emmy Award winners all the way down to friends who work at steel mills. . .there is a desperate need for individuals wishing to pursue their dreams to learn how to raise capital.
Look, raising capital isn't always easy, but it's not tough. Take care of yourself and make sure you have mastered your skill. Look good when you go to a potential sponsor or private entity that is considering putting their money on the line. They are not going to just hand you money and go off and wish you the best. They want to know what type of return they can expect from their equity investment. !! Think about it. When you purchase a guitar, you want to make damned sure the sound is good on stage, right? It needs to have some type of "testing" before it hits the stage. The same is true with you. You are selling yourself to someone you want to believe in your skills.
I have been trying to explain this to numerous people with big dreams. One way to prove your skills is to get out there and prove it in an academic forum. One is through experience. Another is through trial and error or the school of hard knocks. Much like experience. Repetition is the mother of all skills. Just go out and do what you love, and do it the best you can. If you feel you are amongst the candidates for Nobel prizes, lead singers, lead guitarists, front running musicians, valedictorians. bodybuilders, home builders. . .then put it on the line. But make sure you can deliver some PROOF of what it is that you do before you go out asking for capital. And when you do ask, know how to do it! If you don't know how to do it, hire someone to help you do it! They can present "you" more fashionably than you can yourself. . .in most instances.
Look, there is blood, sweat and tears when it comes to finding backing for a new project. You have to get out there and meet people. Do things. Get involved. Dress appropriately. Deliver your statements with committment. Nobody cares about your spelling if they see the fire inside of you burning in your eyes. They will sense the confidence.
I'm not going to babysit a bunch of people. You all know these traits because you were endowed with them by your creator. So don't let the whipsaw idiots who bash you down get you down. Got it?!
I've had idiots chasing me around for years in everything I have ever tried to accomplish. Particularly in the securities markets. There are more assholes than there is toilet paper to do the wiping. Brush them aside and pay them no attention. They have nothing better to do with their lives and they will never be anybody. Have faith, believe! Journey had a song off of their Escape album that phrased it perfectly!~~
"Don't you Know that I'm Alive for You,
I'm your Seventh Son
And when lightening strikes the family
Have faith, believe.
Have faith, believe.
It's a very simple concept. I do, however, find it amazing that some of our leaders have had the ability to disquise their stupidity behind the cloak of religion. Long story.
Anyway, get out there and find your sponsors. I have sites posted that will find you financing if you are worth your spit. You are not just going to walk out there and get capital. Have some empirical data available to establish the fact you know what you are talking about and what you are doing.
Find the right people to surround yourself with. Challenge their thoughts. Let them know you are willing to stand by your beliefs. They may even question their own . . .after awhile. If they don't, don't bother with them. There is no sense wasting your time. They are classified idiots.
Everyone with a brain will question their own convictions as time passes by. Those who profess to "know" everything aren't worth their spit. Find people who know that at any given moment, what is known as "truth" can be washed away like sands in a wave.
Surprisingly. . .it is amazing to find how many educated derelicts there are out there. Then again, there are a lot of good people, as well. Too bad the good people often fear the derelicts. Maybe this country wouldn't be in the crisis it is in if we would have had good people running the country, rather than derelicts.
Keep the faith. I'll point you in the right direction, but I'm not going to do all the work for you. Get out there and prove yourself. Then "get connected" and "networked." That is the secret to anyone's success.
Catch you soon. . .questions, anyone?